Machinery Stocks Review -- Research on Manitowoc, Joy Global, CNH Industrial, and Terex
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LONDON, May 23, 2014 /PRNewswire/ --
On Thursday, May 22, 2014, the NASDAQ Composite ended at 4,154.34, up 0.55%, the Dow Jones Industrial Average advanced 0.06%, to finish the day at 16,543.08, and the S&P 500 closed at 1,892.49, up 0.24%. The gains were broad based with eight out of the ten sectors ending the session in positive. The S&P 500 Industrials Sector Index ended the day at 457.89, up 0.22%, with the index advancing 3.69% in the previous three months. Investor-Edge has initiated coverage on the following equities: The Manitowoc Co. Inc. (NYSE: MTW), Joy Global Inc. (NYSE: JOY), CNH Industrial N.V. (NYSE: CNHI) and Terex Corp. (NYSE: TEX). Free technical research on MTW, JOY, CNHI and TEX can be downloaded upon signing up at:
http://www.investor-edge.com/2940-register
On Thursday, shares in the Manitowoc Co. Inc. recorded a trading volume of 1.60 million shares, lower than its three months average volume of 2.37 million shares. The stock ended the day at $27.06, which was 0.55% below its previous day's closing of $27.21, and registered an intraday range of $27.05 and $27.51. Shares of the company traded at a PE ratio of 18.35. Although the Manitowoc Co. Inc.'s stock has lost 3.18% in the previous three trading sessions and 14.93% in the last one month, it has advanced 16.04% on YTD basis. The stock is trading above its 200-day moving average of $24.42, while the 200-day moving average is below the company's 50-day moving average of $30.25. Furthermore, shares of the Manitowoc Co. Inc. have a Relative Strength Index (RSI) of 34.69. Sign up today to read free research on MTW at:
http://www.investor-edge.com/2940-MTW-23May2014.pdf
Joy Global Inc.'s stock finished the Thursday's session 0.17% lower at $57.86. A total of 0.76 million shares were traded, which was below its three months average volume of 1.51 million shares. The stock vacillated between $57.55 and $58.15 during the session. Over the previous three trading sessions and over the last one month, Joy Global Inc.'s shares have fallen by 0.99% and 5.64%, respectively. Additionally, from the beginning of 2014, the company's stock has lost 1.08%. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $58.90 is greater than its 200-day moving average of $55.42. Joy Global Inc.'s stock traded at a PE ratio of 11.96 and has an RSI of 42.31. Sign up today to read free research on JOY at:
http://www.investor-edge.com/2940-JOY-23May2014.pdf
On Thursday, shares in CNH Industrial N.V. fluctuated between $10.58 and $10.77 before ending the session 2.03% lower at $10.60. The stock reported a trading volume of 0.34 million shares, below its three months average volume of 0.52 million shares. CNH Industrial N.V.'s shares have lost 1.21% in the previous three trading sessions, 5.94% in the last one month, and 6.61% on YTD basis. The stock is trading below its 50-day moving average of $11.15. Moreover, shares of CNH Industrial N.V. have an RSI of 42.81. Sign up today to read free research on CNHI at:
http://www.investor-edge.com/2940-CNHI-23May2014.pdf
Terex Corp.'s stock edged 0.03% lower, to close the day at $39.02. The stock recorded a trading volume of 1.29 million shares, below its three months average volume of 1.76 million shares. The stock oscillated between $38.79 and $39.25 during the session. Over the last three trading sessions and over the past one month, Terex Corp.'s shares have fallen by 3.18% and 9.02%, respectively. Further, the stock has lost 7.07% since the start of this year. The company's stock is trading above its 200-day moving average of $38.01 and below its 50-day moving average of $41.71. Additionally, Terex Corp. stock traded at a PE ratio of 15.76 and has an RSI of 39.37. Sign up today to read free research on TEX at:
http://www.investor-edge.com/2940-TEX-23May2014.pdf
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